PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.
In brief: PNGX announces the launch of six indices and other business news
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28 Oct 2019 by Leave a Comment
Focus moves to P’nyang agreement after government endorsement of Papua LNG
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2 Oct 2019 by Leave a Comment
After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.
People moves: Oil Search
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1 Oct 2019 by Leave a Comment
Successor to Oil Search Managing Director announced.
Boardroom briefing: nine qualities managers want to see in employees, sleep and entrepreneurs, and new challenges for the oil market
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18 Sep 2019 by 1 Comment
Nine qualities every employee should to try to cultivate, sleep could be the secret to successful ventures, and challenges the oil market faces after the attacks in Saudi Arabia. Readings from around the world on business, leadership and management.
US$10 billion Papua LNG project to go ‘full steam ahead’ in Papua New Guinea
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3 Sep 2019 by 3 Comments
Papua New Guinea’s Petroleum Minister has announced that the government will honour a gas deal struck with French major Total SA for the US$10 billion Papua LNG project. The project will be the single largest foreign investment in the Pacific country since the advent of the US$19 billion PNG LNG project a decade ago.
Changes to Papua New Guinea’s Mining Act ‘imminent’
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28 Aug 2019 by Leave a Comment
Proposed changes to the Mining Act are likely to go to Papua New Guinea’s Cabinet ‘in the next few weeks,’ according to Peter Graham, Managing Director of Ok Tedi Mining.
People moves: Oil Search Ltd, Internal Revenue Commission
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20 Aug 2019 by Leave a Comment
Oil Search Ltd appoints a new Group Secretary and the Internal Revenue Commission announces a Commissioner General.
Papua New Guinea government to ‘stand behind’ Papua LNG gas agreement
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5 Aug 2019 by Leave a Comment
Papua New Guinea’s Petroleum Minister Kerenga Kua has announced that the National Executive Council (PNG’s cabinet) has ‘in principle’ agreed to ‘stand behind’ the gas agreement signed in April for the US$10 billion (K33.7 billion) Total-led Papua LNG project.
In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories
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29 Jul 2019 by Leave a Comment
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
People moves: Trukai Industries, Oil Search
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23 Jul 2019 by Leave a Comment
Trukai Industries welcomes a General Manager, Sales and Marketing, and Oil Search announces four new appointments.
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